BHP urged to go slow on potash

Investors push for reassessment after major changes to potash market.

A major shake-up of the potash market has prompted BHP Billiton Ltd shareholders to pressure the miner to tread cautiously on tentative plans to develop its $US15 billion ($A16.6 billion) Jansen Potash project, according to The Australian Financial Review.

The newspaper reported that shareholders are urging BHP to do a deep reassessment of its potash intentions after Russia's Uralkali withdrew its support for a key joint venture with Belaruskali that formed a key role in controlling potash prices.


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